Wednesday, May 25, 2022
HomeBrisbane$1.8 Billion City Deal - South East Queensland

$1.8 Billion City Deal – South East Queensland

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The Federal and Queensland State Government along with the SEQ Council of Mayors have together announced the signed off of a $1.8 billion ‘city deal’ that provides funding for a varitety of infrastructure projects across South East Queensland.

The deal also has a focus on infrastruture required to facilicate the success of the 2032 Olympic Games, with the Queensland State Government seperatly providing $1.1 Billion for additional tracks and rail crossing removal between Brisbane and the Gold Coast.

Paul Fletcher, Federal Minister for Communications, Urban Infrastructure, Cities and the Arts outlined that the City Deal had been three years in the making.

“With three quarters of the state’s population already living in south east Queensland, it is vital that we plan and invest in the urban and social infrastructure that this region requires to support sustainable growth over the coming decades”.

“The investments that we are making through this deal, in partnership with the state and local governments, will leave a lasting legacy on the region by providing improved transport links, important community infrastructure, and high quality jobs across multiple sectors,” Fletcher said.



Key initiatives
The SEQ City Deal will deliver 31 commitments to achieve four key objectives, including:

Accelerating future jobs across SEQ
- SEQ Innovation Economy Fund to invest in capital projects that promote and grow SEQ’s innovation economy
- Local Digital Priority Projects to enhance digital connectivity and address local economic, business and social priorities
- The SEQ Rail Corridor Digital Connectivity project to improve telecommunications infrastructure on selected commuter rail corridors.

A faster, more connected SEQ region
- The Kangaroo Point Green Bridge, to deliver a new active transport connection in Brisbane CBD
- An upgraded Dunwich Ferry Terminal to improve connectivity and promote tourism to North Stradbroke Island
- Targeted safety upgrades along the Brisbane Valley Highway

A more liveable SEQ
- The SEQ Liveability Fund, to deliver projects that improve community facilities, urban amenity or enhance liveability
- Resource Recovery Infrastructure to progress the region towards a circular econom
- The Resilient Rivers Initiative, to invest in improving the health of the region’s rivers and waterways
- A Detailed Business Case for an iconic First Nations Cultural Centre in Brisbane to showcase the unique cultures of Queensland’s First Nations peoples

Create thriving communities
- A pilot Growth Area Compact for Caboolture West to deliver a more coordinated approach to delivering infrastructure
- Exploration of options for the regeneration of the Toowoomba Railway Parklands Development Area
- The Planning for Future Region Shaping Infrastructure initiative to identity the infrastructure and land use planning needed to keep pace with population growth.

Annastacia Palaszczuk, Premier of QLD outlined a range of infrastructure incentives, including transport and livability would be possible with this city deal.

“This city deal is also really important because it is also a catalyst for the Olympic Games".

“Where we will see the Gabba completely rebuilt but right across from the Gabba of course is the Cross River Rail and the new interchange with the Brisbane Metro,” Palaszczuk said.

Adrian Schrinner, Brisbane Lord Mayor outlined that a critical step has been made to ensure the population growth in SEQ was catereed for.

“There might not have been a time in our region’s history when such co-operation has been so critically important".

“SEQ is experiencing significant population growth as more and more Australians discover our unmatched lifestyle and want to call our region home.”

“We’re also a decade away from the Brisbane 2032 Olympic and Paralympic Games which presents a unique chance to showcase our region to the world while establishing a legacy that can continue to deliver for the generations to come” Schrinner said.



CITY DEAL - 31 Investments
1 Blue Heart Sunshine Coast $35.3M - Sunshine Coast Regional Council
2 Brisbane Metro — Woolloongabba Station $450M - Brisbane City Council
3 Brisbane Metro — South Bank Transport Study $1M - Brisbane City Council
4 Brisbane Valley Highway Safety Upgrades $40.5M Somerset Regional Council
5 Bromelton State Development Area Business Case $5M Scenic Rim Regional Council
6 Dunwich Ferry Terminal Upgrade $41M Redland City Council
7 First Nations Cultural Centre Business Case $3M Brisbane City Council
8 Growth Area Compact $210M Moreton Bay Regional Council
9 Ipswich - Springfield Public Transport Corridor Options Analysis $10M Ipswich City Council
10 Kangaroo Point Green Bridge $190.2M - Brisbane City Council
11 Loganlea - Meadowbrook Infrastructure $45M Logan City Council
12 Southern Gateway Business Case $1M Logan City Council
13 Toowoomba Railway Parklands $25M Toowoomba Regional Council
14 Wellcamp Entertainment Precinct $40M Toowoomba Regional Council
15 Water Initiatives in the Lockyer Valley $13.3M Lockyer Valley Regional Council

Regional - Wide Reform
16 Green Urban Infrastructure $20M
17 Local Digital Priority Projects $40M
18 Open Level Crossing Prioritisation $2M
19 Planning for Future Region-Shaping Infrastructure $5M
20 Public Art Initiatives $10M
21 Regional Freight Movement Study $2.1M
22 Regional Waste Management Strategy $0.5M
23 Resilient Rivers Initiative $40M
24 Resource Recovery Infrastructure $105M
25 Road Safety Mapping $0.11M
26 SEQ Innovation Economy Fund $150M
27 SEQ Liveability Fund $285.8M
28 SEQ Rail Corridor Digital Connectivity $30M
29 Small Business Friendly Region - $0
30 Smart Region Digital Plan $0.75M
31 Strategic Approach under EPBC Act $10M



Timeline
- SEQ City Deal signed - 21 March 2022
- Implementation plan - late 2022
- Annual progress report - mid 2023
- End of SEQ City Deal - 2042

Government Funding
- $667 Million from the Federal Government
- $618 Million from the QLD State Government
- $501 Million form the SEQ Council of Mayors
- 75 Million from Industry.

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Source: Information, Drawings and Images
All article information is sourced and available for review from linked video referenced locations.
- Media Release: Media Announcement
- All Images ans Information: SEQ City Deal

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News articles are presented in an unbiased manner from information publicly accessible that include referenced links for the reader to obtain any further information. The facts of the proposed government projects, media releases, school upgrades and development applications are based on the available information at the time of the published date, with information sourced directly from company websites, media releases and development application material. We reference all our information at the end of the articles and promote the creators with website back links.

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